Why These 15 Real Estate Stocks Are Plunging In 2025

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9. Forestar Group Inc (NYSE:FOR)

Number of Hedge Fund Holders In Q4 2024: 16

Forestar Group Inc (NYSE:FOR) is a residential lot development company.

The stock is down significantly so far in 2025 due to Forestar reporting Q1 2025 earnings that significantly missed expectations.

Revenue declined 18% year-over-year to $250.4 million, falling short of the $325.4 million forecast, while earnings per share (EPS) dropped 51% year-over-year to $0.32, compared to an expected $0.70.

Furthermore, Forestar announced a tender offer for its outstanding 3.850% Senior Notes due 2026 and issued $500 million in new senior unsecured notes at a higher interest rate of 6.500%. This can lead to increased borrowing costs and lower margins.

The consensus price target of $33 implies 48.79% upside.

FOR stock is down 14.62% year-to-date.

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